Brandon purchases 95 shares of a stock for $4549. In 5 years, he sells the stock for $4533.52. He calculates his ROI, shown below. Did he do this correctly? If not, what error did he make? 4.533.52−45.49(96)45.49(96)=4.9% ROI 4.533.52
−
45.49
(
96
)
45.49
(
96
)
=
4.9
%

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